Shawbrook Bank launches secured loan for clients with IVAs

Shawbrook Bank is launching a secured loan aimed at borrowers with individual voluntary arrangement contracts.

Related topics:  Specialist Lending
Amy Loddington
15th February 2013
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The product will be available through the Select Partnership, with rates on the product starting from 11.9% and going up to 80% LTV.

Maeve Ward, head of sales for secured lending, said:


“This market is underserviced and other lenders tend to shy away from offering a competitive solution for clients. At Shawbrook we take the time to understand and assess the needs of clients as well as identify gaps in the market.”
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